Oral Answers to Questions
Debate between Vince Cable and Rishi Sunak(5 years, 8 months ago)
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Rishi Sunak
I know that the Secretary of State will be making a more detailed statement on the towns fund later when I am sure that he can address my hon. Friend’s specific question. This is a separate process from the fair funding review, which is, I know, something that all colleagues are interested to hear. That process is regarding ongoing spending and that will be done through the spending review later this year.
Sir Vince Cable (Twickenham) (LD)
Will the Minister say how the financial sustainability of local government is helped by what amounts to negative rates support grants, where councils are paying in more to central Government than they get back?
Oral Answers to Questions
Debate between Vince Cable and Rishi Sunak(6 years, 4 months ago)
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Rishi Sunak
I thank the Chair of the Housing, Communities Local Government Committee for his question. As he knows, the Department is considering the Public Accounts Committee’s report as we speak. As for his broader question, the Department is constantly evaluating local government sustainability, and in the upcoming meetings, and ahead of the spending review, the topics that he has raised will of course be closely scrutinised.
Sir Vince Cable (Twickenham) (LD)
How does the Minister justify an emerging system of negative rate support grants under which councils that have made themselves financially self-sufficient are now being told to make net contributions to the Government?
Rishi Sunak
I am pleased to tell the right hon. Gentleman that the Government will be launching their consultation on negative RSG very shortly, and I look forward to his contribution.